tragic events in boston, you may have missed the slow but certain unraveling of an approach to the economy championed by republicans. call it an obsession with the deficit or demand for austerity that's been coming from all quarters of the republican party since 2008. >> we can't continue to spend money we don't have. >> we can't just keep spending money we don't have. >> it's time to cut spending. >> unfortunately, the facts do not support their thesis. there is now a chorus of commentators, businessowners and corporate titans, who all accept that taking chunks out of an already melancholic economy will do nothing but sustain the misery. an individual who runs the world's largest bond fund said this in an interview. "the uk and almost all of europe have erred in terms of believing austerity, fiscal austerity in the short term is the way to produce real growth. it is not. you've got to spend money." yet, despite this expert opinion, the republican party led by chairman reince priebus launched a twitter campaign yesterday attempting to blame the president for a policy that they, themselves,